Mega Uranium Ltd. announced that its board of directors has completed a review and rationalization process aimed at increasing efficiencies and reducing costs within its senior management team, resulting in the promotion of Mr. Richard Patricio to the role of Chief Executive Officer and President of Mega. Messrs. Sheldon Inwentash and Stewart Taylor, the previous Chief Executive Officer and President, respectively, have resigned from those executive positions allowing for Mr. Patricio's appointment, but remaining in their roles as Chair and director of the company, respectively.